388 Christensen RD, Elgin TX 78621

After reviewing 7 recent transactions in 78621, I estimate this property's value at $483,297. A competitive list price for this home right now would fall in the $379,000 to $389,000 range. This would position the home competitively among 5 active listings in 78621. The 531 sqft size difference versus comparable sales is reflected in the adjusted values. At 10 years older than typical comps, the 1989 build date influences the valuation. Right now, 5 similar properties are competing for buyers in 78621, listed between $397,500 and $599,000. Prices in 78621 have fallen 8.3% over the last 6 months. A similar home at 517 Arbors CIR, Elgin TX 78621 carries an adjusted comparable value of $534,444, providing a strong data point. The comp data here (7 sales in 78621) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus